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ITC SHAREHOLDER CHANGES
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
Vedanta demerger: How will the mega restructuring impact dividend payouts for shareholders?Vedanta has completed a major demerger, splitting into four new companies. Investors are now assessing how this restructuring will affect t...
ITC announces final dividend of Rs 8/share. Check record date and other detailsExcerpt: ITC Limited’s board has recommended a final dividend of Rs 8 per share for FY26, with May 27 set as the record date. Alongside an ...
ITC Q4 Results: Profit rises 5% YoY to Rs 5,113 crore; Rs 8/share dividend declaredITC reported a 5% year-on-year growth in its standalone net profit to Rs 5,113 crore for the March-ended quarter. Revenue from operations r...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
Adani bull GQG raises stake in ITC to 5.47% following BAT’s partial exitGQG Partners ITC stake: GQG Partners raised its stake in ITC to 5.47% via a bulk deal following BAT’s 2.5% stake sale. The move reflects ri...
ITC shares in focus as hotels' demerger commences todayITC Hotels' demerger becomes effective today, January 1. ITC shareholders listed by January 6 receive one ITC Hotels share for every 10 ITC...
ITC Hotels demerger comes into effect tomorrow. What's in it for shareholders?The demerger of ITC Hotels will be effective from January 1. ITC shareholders on the record date of January 6 will receive one share of ITC...
ITC Hotels to have a net worth of Rs 10,000 crore and debt-free balance sheetAs of March 2024, ITC Hotels' capital structure stood at approximately Rs 207.85 crore. However, this figure may see slight adjustments on ...
ITC Demerger: IiAS advises shareholders to vote against splitting of hotels businessIiAS does not see any substantial value unlocking for ITC’s hotel business and thus recommends shareholders to vote against the proposed de...
ITC to seek shareholder approval on June 6 for hotels biz demergerAs part of the demerger, which will unlock value for its 36 lakh shareholders and also improve the capital allocation of the parent company...
ITC Hotels Demerger: ITC to hold meeting of ordinary shareholders on June 6 to approve schemeThe move comes following an order by the National Company Law Tribunal (NCLT) to convene a meeting of the ordinary shareholders of the comp...
BAT to sell 3.5% stake in ITC at Rs 384-400 per share in $2.1 billion block deal on WednesdayDebt-ridden British American Tobacco (BAT) plans to sell a 3.5% stake in ITC Ltd for $2.1 billion, reducing its shareholding to 25.5%. BAT'...
BAT takes stance, gets ready to cut stake in ITCBAT chief executive Tadeu Marroco said in its preliminary earnings release for 2023 that the company continues “to pursue all opportunities...
ITC hotels could take up to 15 months to get listed: PuriLast month, ITC announced its board has approved in-principle the demerger of the hotels business where ITC retains 40% stake and 60% will ...
ITC Hotels could take up to 15 months to get listed: MD Sanjiv PuriITC chief Sanjiv Puri said listing of the proposed demerged hotel entity, ITC Hotels, will take 12-15 months to complete the regulatory pro...
Chairman Sanjiv Puri charts ITC's course: Insights on hotel demerger and core biz at AGMAddressing shareholders in the company’s 112th annual general meeting held virtually on Friday, Puri said the listing of ITC Hotels would t...
ITC Hotels demerger not a big game changer for shareholders: Amnish AggarwalITC's decision to demerge its hotel business is not likely to be a game-changer for shareholders, says Amnish Aggarwal, Head-Research at Pr...
ITC appoints new CFO Supratim Dutta as per strategy to lower age of top deckCommenting on Dutta’s appointment, Abneesh Roy of Edelweiss Securities said the average age of top management continues to reduce at ITC. “...
BAT turns down ITC proposal to hand out ESOPsBAT didn’t support the move as the London firm didn’t want its 29% stake getting reduced.